Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    Obey River Shores lot 9 Byrdstown, TN 38549

    View on Map
    Claim this Listing
    For Sale
    $30,000

    LAND - Byrdstown, TN

    Lot size:
    0.93 Acres
    Added:
    Dec 1, 2025
    Days on Market:
    150
    Last Refresh:
    Apr 30 at 8:06 pm

    Property Features for Obey River Shores lot 9

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    004.01
    Lot size
    0.93 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Needed
    Water source
    Public
    Water front features
    Lake
    Water front
    1

    We can help!

    Listing Contact
    Shirley Smith

    Listing agent Shirley Smith

    Listing office Pink Horse Realty 1247 Cordell Hull Memorial Drvie, Byrdstown, TN

    Listing date Dec 1, 2025

    MLS# 221854 Listing URL

    Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Obey River Shores Land

    This property features a 0.93-acre building lot in the new Obey River Shores development. The lot is part of Phase I of this secluded development and has underground electric and water. Several lots have views of Dale Hollow Lake, known for its clean waters and outdoor recreation opportunities. The property is located close to five marinas and resorts in Pickett County. The location offers the appeal of country living in Tennessee, with scenic beauty and access to Dale Hollow Lake's undeveloped shoreline and spring-fed waters. The property has no restrictions and is suited for building. The intended use of the property is for building.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Byrdstown
    County
    Pickett
    State
    Tennessee
    Longitude
    -85.1552
    Latitude
    36.557

    Nearby Similar for Sale

    • $410,000
      9,837 SF

      Versatile Commercial Property Near Dale Hollow

      Two-building commercial property near Dale Hollow Lake with high visibility.
      504 W Main Street, Byrdstown, TN 38549
      View Details
    • $149,999
      1,200 SF

      Versatile Commercial Space in Byrdstown

      1,200 SF commercial space suitable for retail, office, warehouse.
      828 N Main Street, Byrdstown, TN 38549
      View Details
    • $50,000
      1,040 SF

      Byrdstown Commercial Building For Sale

      Commercial building in high-traffic area, ideal for mechanic's shop.
      991 E Main St, Byrdstown, TN 38549
      View Details
    • $395,000

      Commercial Land in Byrdstown, TN

      Prime commercial land with high visibility and city utilities.
      Hillcrest Dr, Byrdstown, TN 38549
      View Details
    • $79,000

      Lake View Building Lot

      1.31 acre lot with year-round lake views.
      Amonett Circle lot: 7, Byrdstown, TN 38549
      View Details
    • $75,000

      Lakeview Lot in Gated Community

      0.51-acre lakeview homesite in desirable gated community near Dale Hollow Lake.
      Mallard Pointe lot: 9, Byrdstown, TN 38549
      View Details
    • $59,000

      Ready-to-Go Lot Near Wolf River

      Lot near Sunset Marina, ready for immediate use or building.
      1260 Wolf River Road, Byrdstown, TN 38549
      View Details
    • $95,000

      Unrestricted Land Near Starpoint Resort

      Nearly 5-acre unrestricted, wooded property near Starpoint Resort.
      Redbud Rd, Byrdstown, TN 38549
      View Details
    • $145,000

      Byrdstown Land For Sale

      2.318 acre corner lot suitable for residential or commercial use.
      N Main St, Byrdstown, TN 38549
      View Details
    • $45,900

      Land Near Dale Hollow Lake

      Vacant land near Dale Hollow Lake, Tennessee, perfect for building.
      Stoney Point Rd, Byrdstown, TN 38549
      View Details
    • $80,000

      Land in Gated Lake Community

      Building lot in Mallard Pointe with lake views.
      Mallard Pointe lot: 23, Byrdstown, TN 38549
      View Details
    • $80,000

      Dale Hollow Lake Building Lot

      Exceptional lot in gated community with lake views and marina access.
      Mallard Pointe lot: 24, Byrdstown, TN 38549
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Beautiful building lot near Dale Hollow Lake.
    Where is this residential land & home lot located?
    The property is located at Obey River Shores lot 9 Byrdstown, TN.
    What is the asking price?
    The asking price for this property is $30,000.
    What are key features of this property?
    This property features: Large building lots in a new, secluded development with no restrictions.; Several lots offer views of Dale Hollow Lake.; Underground electric and water utilities are available.
    (931) 239-2898
    We can help!
    Listing Contact
    Shirley Smith
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!